Nick Daloisio Net Worth is
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Nick D'Aloisio (born 1 November 1995), is an Australian-born British entrepreneur and computer programmer who created Summly which is a summarization, artificial intelligence technology developed with SRI International. D'Aloisio has been recognised as the youngest person to receive a round of venture capital in technology from Hong Kong Billionaire Li Ka-Shing, at just 15 years of age. As of March 2013, Summly was sold to Yahoo for a reported $30 million US dollars making him one of the youngest self-made millionaires ever. D'Aloisio was awarded "Innovator of the Year" in New York City by the Wall Street Journal for his work on Summly and at Yahoo. D'Aloisio was also included in TIME Magazine's 'Time 100' as one of the world's most influential teenagers, as well as being profiled in their "Secrets of Genius" Publication. D'Aloisio currently leads the critically acclaimed Yahoo News Digest, which launched at CES 2014 and won the 2014 Apple Design Award at WWDC for its technological and product excellence.


D'Aloisio was born in Australia in 1995 to Lou Montilla, a vice president at Morgan Stanley and Diana D'Aloisio, a lawyer.
D'Aloisio has lived in Melbourne and Perth. D'Aloisio grew up in London, United Kingdom. He is a student at the predominantly male, particularly high achieving private school King's College School in Wimbledon, London, where he received an academic scholarship. He lives in London, with his mother, father and younger brother Matthew, 14.
D'Aloisio created the Trimit application for iOS in March 2011, which used an analytical tool to condense text content into 1000, 500, or 140-character summary text. The app caught the attention of Apple who featured Trimit as a new and noteworthy application on the App Store at the same time. The potential of Trimit attracted the attention of Hong Kong based billionaire Li Ka-shing, who provided D'Alosio with US$300,000 in venture capital funding. D'Alosio used the feedback and criticism from T

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Nick Daloisio Latest News

Yahoo is shutting down the news app it bought from a 17-year-old Brit for a reported $30 million (YHOO)

We've loved serving you guys all these years." Rolled out in January 2014, News Digest is based on technology developed by British tech entrepreneur Nick D'Aloisio that aggregated and summarised stori...
Posted: June 23, 2017, 1:37 am

From Summly to Silicon Valley: The teen who sold his app for $30 million

Nick D’Aloisio was still a teenager when he sold Summly, the news summarization app, to Yahoo soon after our interview in 2013 for a reported $30 million. D’Aloisio is also the youngest known entrepre...
Posted: July 2, 2016, 5:59 am

Nick D'Aloisio: Yahoo's teen star on the digital future -- without footprints

(CNN)-- Nick D'Aloisio is tapping intently on his smartphone, his slight frame bookended by a dark mop of hair and bright blue sneakers. Curled into a VIP couch, he appears oblivious to the fuss going ...
Posted: December 11, 2013, 10:51 pm
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